Economics

What are Veblen goods? How are they different from regular goods and commodities and how is bitcoin a Veblen good?

Central bank interventions in the monetary system - from lowering interest rates to printing money - do not change peoples’ saving and spending behavior: They only redirect it.

How do we define good and bad money, and how does that relate to the economics surrounding bitcoin?

How the U.S. succeeded in turning the dream of monetary imperialism into our current inequitable reality, and how Bitcoin offers a new standard.

To be considered a free society, one must have the ability to choose the most free form of money.

Bitcoin is clearly a social phenomenon worthy of study for a proper philosophy, politics and economics (PPE) degree.

Bitcoin could help rectify malinvestment and unsustainable development, if only embraced by a currently hostile Turkish government.

Today’s low interest rate climate is one that further reduces the opportunity cost of holding base, fiat money — a fallacy fixed by Bitcoin.

The economic rule discussed in a previous article doesn’t take these two factors specific to bitcoin’s situation in El Salvador into account.

Fiat obstructs true price signals which convey economic reality, and bitcoin fixes this.